MGIC Investment Corp (MTG) — Working Capital to Net Assets Ratio
MGIC Investment Corp (MTG) has a Working Capital to Net Assets ratio of 110.4% as of March 2026. Working capital of $5.56 Billion (current assets of $6.16 Billion minus current liabilities of $591.73 Million) is measured against net assets of $5.04 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how financially flexible is MGIC Investment Corp to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
MGIC Investment Corp Working Capital to Net Assets (1996–2024)
This chart shows how MGIC Investment Corp's Working Capital to Net Assets ratio has evolved across 29 annual periods from 1996 to 2024. As of March 2026, the ratio stands at 110.4%, reflecting working capital of $5.56 Billion against net assets of $5.04 Billion USD. See MGIC Investment Corp (MTG) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for MGIC Investment Corp (1996–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for MGIC Investment Corp from 1996 to 2024, covering 29 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see MGIC Investment Corp (MTG) total market value.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 109.7% | $5.67 Billion | $5.17 Billion | $6.26 Billion | $583.02 Million | ▼ -0.5 pp |
| 2023 | 110.2% | $5.59 Billion | $5.07 Billion | $6.25 Billion | $663.16 Million | ▼ -0.7 pp |
| 2022 | 110.9% | $5.15 Billion | $4.64 Billion | $5.90 Billion | $753.28 Million | ▲ +118.4 pp |
| 2021 | -7.5% | $-465.75 Million | $6.18 Billion | $351.60 Million | $817.34 Million | ▲ +1.0 pp |
| 2020 | -8.6% | $-401.83 Million | $4.70 Billion | $383.00 Million | $784.83 Million | ▼ -0.5 pp |
| 2019 | -8.1% | $-348.68 Million | $4.31 Billion | $183.49 Million | $532.17 Million | ▼ -122.6 pp |
| 2018 | 114.5% | $4.10 Billion | $3.58 Billion | $5.37 Billion | $1.26 Billion | ▲ +3.5 pp |
| 2017 | 111.0% | $3.50 Billion | $3.15 Billion | $5.14 Billion | $1.63 Billion | ▼ -2.2 pp |
| 2016 | 113.2% | $2.89 Billion | $2.55 Billion | $4.89 Billion | $2.01 Billion | ▲ +2.9 pp |
| 2015 | 110.3% | $2.47 Billion | $2.24 Billion | $4.89 Billion | $2.42 Billion | ▼ -76.0 pp |
| 2014 | 186.3% | $1.93 Billion | $1.04 Billion | $4.86 Billion | $2.93 Billion | ▼ -44.6 pp |
| 2013 | 230.9% | $1.72 Billion | $744.54 Million | $5.26 Billion | $3.54 Billion | ▼ -160.0 pp |
| 2012 | 390.9% | $769.89 Million | $196.94 Million | $5.32 Billion | $4.55 Billion | ▲ +246.5 pp |
| 2011 | 144.4% | $1.73 Billion | $1.20 Billion | $6.89 Billion | $5.16 Billion | ▲ +11.9 pp |
| 2010 | 132.5% | $2.21 Billion | $1.67 Billion | $8.84 Billion | $6.63 Billion | ▲ +612.1 pp |
| 2009 | -479.6% | $-6.25 Billion | $1.30 Billion | $1.19 Billion | $7.43 Billion | ▼ -260.0 pp |
| 2008 | -219.6% | $-5.35 Billion | $2.43 Billion | $395.15 Million | $5.74 Billion | ▼ -64.1 pp |
| 2007 | -155.5% | $-4.03 Billion | $2.59 Billion | $288.93 Million | $4.32 Billion | ▼ -126.4 pp |
| 2006 | -29.1% | $-1.25 Billion | $4.30 Billion | $293.74 Million | $1.54 Billion | ▲ +2.4 pp |
| 2005 | -31.5% | $-1.31 Billion | $4.17 Billion | $195.26 Million | $1.51 Billion | ▲ +6.7 pp |
| 2004 | -38.2% | $-1.58 Billion | $4.14 Billion | $15.85 Million | $1.60 Billion | ▲ +1.4 pp |
| 2003 | -39.6% | $-1.50 Billion | $3.80 Billion | $18.23 Million | $1.52 Billion | ▼ -10.5 pp |
| 2002 | -29.1% | $-987.65 Million | $3.40 Billion | $240.25 Million | $1.23 Billion | ▼ -0.8 pp |
| 2001 | -28.2% | $-853.04 Million | $3.02 Billion | $221.66 Million | $1.07 Billion | ▲ +4.1 pp |
| 2000 | -32.3% | $-796.40 Million | $2.46 Billion | $199.10 Million | $995.50 Million | ▲ +10.0 pp |
| 1999 | -42.3% | $-750.88 Million | $1.78 Billion | $152.52 Million | $903.40 Million | ▲ +2.6 pp |
| 1998 | -44.9% | $-736.86 Million | $1.64 Billion | $231.14 Million | $968.00 Million | ▲ +4.7 pp |
| 1997 | -49.6% | $-738.12 Million | $1.49 Billion | $155.28 Million | $893.40 Million | ▼ -3.1 pp |
| 1996 | -46.5% | $-635.25 Million | $1.37 Billion | $185.55 Million | $820.80 Million | — |